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U.S. Stocks Retreat as Pending Home Sales Drop Amid Earnings

2013-01-28 19:38:40| Steel - Topix.net

U.S. stocks fell, following the longest rally for the Standard & Poor's 500 Index since 2004, after a report showed pending home sales declined.

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US: On-trade wine bottle sales drop in 2012 - figures

2013-01-22 12:07:00| Daily beverage news and comment - from just-drinks.com

On-trade consumers in the US are downgrading from bottles to a single serve as economic pressures continue to bite, a new study has claimed.

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Intel sees further drop in sales on slow PC market

2013-01-18 09:07:00| Telecompaper Headlines

(Telecompaper) Intel reported fourth-quarter revenues of USD 13.5 billion, down 3 percent from a year earlier and slightly below its guidance of USD 13.6 billion. Its gross margin fell to 58.0 percent from 64.5, and operating profit was down 31 percent year-on-year to USD 3.2 billion. Net profit declined 27 percent to USD 2.5 billion, and EPS was down 25 percent to 48 cents. The company generated USD 6 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 1.0 billion to repurchase 47 million shares of stock. Revenues from the PC division fell 6 percent to USD 8.5 billion, while the data centre division grew by 4 percent to USD 2.8 billion. Revenue from other Intel products was down 7 percent to USD 1.0 billion. Intel CEO Paul Otellini said the market remained challenging. First-quarter revenues are forecast to drop to USD 12.7 billion, with a gross margin of 58 percent. Over the full year 2013, Intel expects a low single-digit increase in revenues and margin around 60 percent.

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NPD: Windows Notebook Sales Drop in Holiday Season

2013-01-07 02:35:39| PC Magazine Notebooks Product Guide

The average selling price of Windows notebooks is roughly one-third that of Apple's Macbooks.

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